Jocil Limited (JOCIL.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-215.5%

-₹158.29

vs ₹137.00 price

Levered DCF

₹279.26

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	10.02×	124.94×	92.53×	13.47×	24.09×	9.38×	6.57×	31.05×
P/B	0.39×	0.62×	0.76×	0.65×	0.84×	0.65×	0.46×	0.57×
P/S	0.08×	0.15×	0.21×	0.15×	0.23×	0.23×	0.18×	0.24×
EV / EBITDA	4.03×	14.09×	15.45×	6.51×	10.51×	5.63×	2.74×	10.94×
Gross margin	12.8%	12.8%	20.4%	18.4%	11.9%	16.4%	21.4%	19.8%
Operating margin	1.0%	-0.0%	-0.2%	1.2%	1.1%	2.7%	3.0%	0.3%
Net margin	0.8%	0.1%	0.2%	1.1%	0.9%	2.4%	2.8%	0.8%
Current ratio	3.09×	2.99×	3.48×	4.64×	3.93×	3.67×	3.53×	4.81×
Debt / equity	0×	0×	0.03×	0.01×	0.02×	0.01×	0.05×	0.05×
Interest coverage	27.93×	-1.63×	-1.74×	10.11×	49.99×	17.25×	12.85×	0.99×
Dividend yield	0.5%	1.0%	1.4%	1.3%	1.6%	2.1%	1.3%	2.2%
Payout ratio	5.4%	130.6%	128.5%	17.8%	37.4%	19.6%	8.6%	67.5%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	3.9%	0.5%	0.8%	4.8%	3.5%	6.9%	6.9%	1.8%
Return on invested capital	3.4%	-0.1%	-0.4%	4.3%	3.0%	6.7%	4.7%	0.7%
Return on assets	2.8%	0.4%	0.6%	3.9%	2.8%	5.4%	5.2%	1.5%
Free cash flow yield	0.6%	2.1%	8.5%	27.5%	-11.2%	5.2%	4.3%	-7.2%
Earnings yield	10.0%	0.8%	1.1%	7.4%	4.2%	10.7%	15.2%	3.2%
Enterprise value	₹688.4M	₹1B	₹1.4B	₹1.3B	₹1.7B	₹1.2B	₹669.1M	₹894.2M
Net debt / EBITDA	-0.84×	-3.52×	-2.15×	-0.19×	0.07×	-0.26×	-0.62×	-1.11×
Cash conversion cycle (days)	49	52	62	57	81	88	109	104